$TSM is back on my watchlist after the pullback.


The key level for me is $383.
🟢 Bullish: $383 → $436 → $470
🔴 Bearish: Weak structure → $397 → $383
I’m not chasing here. I want to see how price reacts at $383 before taking a position.
Patience first, confirmation second.

#GateStockInsightsChallenge #ShortLiquidationSweepsMarket
TSM0.76%
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OIDetective
· 1h ago
383 is the litmus test level; I choose to wait.
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EarningDetective
· 1h ago
If the retest holds above 383, re-entering would be safer. If it breaks directly below that level, don’t buy the dip. I agree with your thinking—patience matters more than acting quickly.
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SpeculateButNoBet
· 1h ago
TSM’s pullback this time isn’t particularly large, but the overall sentiment in the semiconductor sector warrants attention. If 383 holds, 436 is indeed within reach; if it breaks, it will head straight to 397. The levels you listed are quite practical, so I’ve decided to use them as a reference.
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PositionBricks
· 1h ago
Many people rush to buy the dip as soon as they see a pullback, but what’s most concerning is the structure breaking down. The two scenarios you outlined are very clear—383 is the dividing line. My own approach is to set an alert and wait for a bottoming signal on the 15-minute chart before acting, without chasing trades. That way, even if I miss the move, I won’t feel too bad.
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